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EPA Focused Algae Omega-3 Ingredient Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The EPA focused Algae Omega-3 ingredient market is segmented by concentration (high concentration, medium concentration, and low concentration); by form (triglycerides and ethyl esters); by application (food and beverage, dietary supplements, pharmaceuticals, and animal feed); and by geography.

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EPA Focused Algae Omega-3 Ingredient Market Size

epa focused algae omega 3 ingredient market overview
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 8.20 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

epa focused algae omega 3 ingredient market major players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of EPA-Focused Algae Omega-3 Market with other markets in Food & Beverage Industry

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Food Ingredients and Food Additives

Food Supplements

EPA Focused Algae Omega-3 Ingredient Market Analysis

The EPA focused algae Omega-3 ingredient market is registering a CAGR of 8.2% during the forecast period (2020 - 2025).

Omega-3 oils are essential fatty acids that have a broad range of health benefits, including cardiovascular, eye and brain health, for which is it is widely used in the various end-user application, like dietary supplements, infant nutrition, functional food and beverages, and pharmaceutical and clinical nutrition.

The EPA market is majorly driven by robust demands from the dietary supplements sector wherein an increasing amount of EPA is channelized in developing adult-based essential omega-3 supplements. Also, its robust application in different sectors such as infant formula, dietary supplement, fortified food and beverages, animal nutrition, and pharmaceuticals have further fueled the global market growth.

However, few of the regulations from the regulatory bodies are the factors restraining the global market growth. For instance, according to the IEG (International Expert Group) recommendations, the content of EPA in infant formula should not exceed the DHA content, which is creating a barrier for key players who are willing to introduce EPA-based infant formula products.

EPA Focused Algae Omega-3 Ingredient Market Trends

This section covers the major market trends shaping the EPA Focused Algae Omega-3 Ingredient Market according to our research experts:

Demand for EPA in Infant Formulae and Functional Food and Beverages to Drive the Market

The extensive use of EPA in combination for developing effective infant nutrition solutions and functional food and beverages is found to boost the algae Omega-3 ingredient market. The vast body of scientific evidence supporting the role of EPA in鈥痠nfants' cognitive and visual development鈥痟as further fueled infant formulae in the global marketplace. For instance, a plethora of new research and clinical studies have conclusively demonstrated that low EPA and DHA is a strong risk factor for preterm birth. Also, many foods such as milk, yogurt, margarine, bread, and chocolates are found to be increasingly fortified with EPA as supplying of Omega-3 fatty acids in the diet, through fortified foods are expected to effectively meet the body鈥檚 metabolic needs, better than dietary supplements.

epa focused algae omega 3 ingredient market trends

Asia-Pacific to Witness the Fastest Growth in the Global Market

Asia- Pacific is the fastest-growing region for the algae Omega-3 ingredient market with major markets of India and Australia. The Indian EPA market is driven by rich fish biodiversity that acts as an ideal source and abysmally low level of EPA in Indian diets that necessitates its consumption through nutraceuticals. Also, the dietary supplements sector in the Indian marketplace is expected to emerge as a lucrative application sector for EPA ingredients amid an increase in discretionary spending. The favoring regulations imposed by the regulatory bodies have further fueled the market of the region. For instance, the National Heart Foundation of Australia recommends EPA in the range of 500-1200 mg per day for reducing the risk of cardiovascular diseases and hypertriglyceridemia.

epa focused algae omega 3 ingredient market growth rate

EPA Focused Algae Omega-3 Ingredient Industry Overview

The market for EPA focused algae Omega-3 ingredient is fragmented, owing to the presence of a large number of regional and domestic players in different countries. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. For instance, Croda International PLC, acquired Nautilus Biosciences Canada Inc., a marine biotechnology company based in Charlottetown, in 2018, so as to utilize its innovative science for applications across all Crodas' market sectors. Also, BASF Newtrition Omega-3 launched Accelon absorption-accelerating technology, to enable more Omega-3's bioavailability in 2017.

EPA Focused Algae Omega-3 Ingredient Market Leaders

  1. Koninklijke DSM N.V.

  2. Omega Protein Corporation

  3. The Archer Daniels Midland Company

  4. Corbion

*Disclaimer: Major Players sorted in no particular order

Koninklijke DSM N.V, Omega Protein Corporation, The Archer Daniels Midland Company, Corbion.
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EPA Focused Algae Omega-3 Ingredient Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Concentration

      1. 5.1.1 High concentration

      2. 5.1.2 Medium concentration

      3. 5.1.3 Low concentration

    2. 5.2 By Form

      1. 5.2.1 Triglycerides

      2. 5.2.2 Ethyl esters

    3. 5.3 By Application

      1. 5.3.1 Food and Beverage

        1. 5.3.1.1 Functional Food and Beverage

        2. 5.3.1.2 Infant Formula

      2. 5.3.2 Dietary Supplements

      3. 5.3.3 Pharmaceuticals

      4. 5.3.4 Animal Feed

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

        4. 5.4.1.4 Rest of North America

      2. 5.4.2 Europe

        1. 5.4.2.1 United Kingdom

        2. 5.4.2.2 Germany

        3. 5.4.2.3 France

        4. 5.4.2.4 Russia

        5. 5.4.2.5 Italy

        6. 5.4.2.6 Spain

        7. 5.4.2.7 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 India

        2. 5.4.3.2 China

        3. 5.4.3.3 Japan

        4. 5.4.3.4 Australia

        5. 5.4.3.5 Rest of Asia-Pacific

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle-East and Africa

        1. 5.4.5.1 South Africa

        2. 5.4.5.2 Saudi Arabia

        3. 5.4.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Strategies Adopted by Key Players

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Koninklijke DSM NV

      2. 6.4.2 Omega Protein Corporation

      3. 6.4.3 The Archer Daniels Midland Company

      4. 6.4.4 Corbion NV

      5. 6.4.5 BASF SE

      6. 6.4.6 Pelagia AS

      7. 6.4.7 Golden Omega

      8. 6.4.8 Novotech Nutraceuticals Inc.

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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EPA Focused Algae Omega-3 Ingredient Industry Segmentation

The EPA focused algae Omega-3 ingredient market has been segmented by concentration into high concentration, medium concentration, and low concentration; by form into triglycerides and ethyl esters; and by application into food and beverage, dietary supplements, pharmaceuticals, and animal feed. The food and beverage segment is further bifurcated into functional food and beverage, and infant formula. Also, the study provides an analysis of the EPA focused algae Omega-3 ingredient market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle-East and Africa.

By Concentration
High concentration
Medium concentration
Low concentration
By Form
Triglycerides
Ethyl esters
By Application
Food and Beverage
Functional Food and Beverage
Infant Formula
Dietary Supplements
Pharmaceuticals
Animal Feed
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
South Africa
Saudi Arabia
Rest of Middle-East and Africa
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EPA Focused Algae Omega-3 Ingredient Market Research FAQs

The EPA-Focused Algae Omega-3 Market is projected to register a CAGR of 8.20% during the forecast period (2024-2029)

Koninklijke DSM N.V., Omega Protein Corporation, The Archer Daniels Midland Company and Corbion are the major companies operating in the EPA-Focused Algae Omega-3 Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in EPA-Focused Algae Omega-3 Market.

The report covers the EPA-Focused Algae Omega-3 Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the EPA-Focused Algae Omega-3 Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

EPA-Focused Algae Omega-3 Industry Report

Statistics for the 2024 EPA-Focused Algae Omega-3 market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. EPA-Focused Algae Omega-3 analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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EPA Focused Algae Omega-3 Ingredient Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)